The estimated Net Worth of Robert E Bosworth is at least $7.07 million dollars as of 28 February 2020. Mr. Bosworth owns over 3,000 units of Covenant Transportation stock worth over $6,918,342 and over the last 22 years he sold CVTI stock worth over $0. In addition, he makes $152,501 as Lead Independent Director at Covenant Transportation.
Robert has made over 5 trades of the Covenant Transportation stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 3,000 units of CVTI stock worth $35,790 on 28 February 2020.
The largest trade he's ever made was buying 20,000 units of Covenant Transportation stock on 10 May 2012 worth over $64,200. On average, Robert trades about 1,688 units every 119 days since 2003. As of 28 February 2020 he still owns at least 28,168 units of Covenant Transportation stock.
You can see the complete history of Mr. Bosworth stock trades at the bottom of the page.
Robert E. Bosworth is an Lead Independent Director of Covenant Transportation Group Inc. He has served as a director since 1998 and currently serves as Chair of our Audit Committee, a member of our Compensation Committee, and our Lead Independent Director. Mr. Bosworth served as a director of Chattem, Inc., a consumer products company from 1986 to 2010 and served on its audit committee from 1998 to 2005 and on its compensation committee from 2002 to 2005. From September 2005 until his retirement in July 2012, Mr. Bosworth served as the President and Chief Operating Officer (“COO”) of Chattem, Inc. Mr. Bosworth has also held directorships with several for-profit and non-profit organizations, as well as served as Vice President of Hamico, Inc. Mr. Bosworth holds an M.B.A. in finance. The Board believes Mr. Bosworth’s services on the Chattem, Inc. board and on the boards of several other organizations have provided him with significant insight into board processes, functions, exercise of diligence, and oversight of management, and this knowledge benefits the Board. The Board also believes Mr. Bosworth’s financial background, including his experience handling all financial functions of Chattem, Inc. and his familiarity and experience with applicable laws and regulations governing the preparation of financial statements filed with the SEC from when Chattem, Inc. was publicly traded, adds value to the Company’s Audit Committee and Board.
As the Lead Independent Director of Covenant Transportation, the total compensation of Robert Bosworth at Covenant Transportation is $152,501. There are 6 executives at Covenant Transportation getting paid more, with T. Ryan Rogers having the highest compensation of $988,670.
Robert Bosworth is 72, he's been the Lead Independent Director of Covenant Transportation since 2018. There are no older and 13 younger executives at Covenant Transportation.
Robert's mailing address filed with the SEC is 281 MOORE RD., , LOOKOUT MOUNTAIN, GA, 30750.
Over the last 22 years, insiders at Covenant Transportation have traded over $27,386,625 worth of Covenant Transportation stock and bought 108,492 units worth $1,305,606 . The most active insiders traders include Jr Hugh O Maclellan, David Rayparker Jacqueline ... et Wesley Miller Welborn. On average, Covenant Transportation executives and independent directors trade stock every 50 days with the average trade being worth of $3,672,852. The most recent stock trade was executed by Paul Bunn on 30 October 2020, trading 2,500 units of CVTI stock currently worth $33,575.
Covenant Transportation Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Highway Services and Dedicated Contract Services. The Highway Services Segment includes two separate service offerings: Expedited Services ("Expedited") and Over-the-Road Services ("OTR"), both of which transport one-way freight over nonroutine routes. The Dedicated Contract Services Segment provides similar transportation services, but does so pursuant to agreements whereby equipment available to a specific customer for shipments over particular routes at specified times. The company was founded by David Ray Parker in 1985 and is headquartered in Chattanooga, TN.
Covenant Transportation executives and other stock owners filed with the SEC include: